MakerDAO co-founder Nikolai Mushegian dies at 29 in Puerto Rico

Cointelegraph

Published Nov 01, 2022 08:43AM ET

Updated Nov 01, 2022 11:00AM ET

Nikolai Mushegian, co-founder of the cryptocurrency lending platform MakerDAO and the decentralized Dai (DAI) stablecoin, was found dead in Puerto Rico last week.

Mushegian died due to drowning after being dragged by sea currents on the Condado beach in San Juan, the local newspaper El Nuevo Día reported. Mushegian had no vital signs by the time his body was rescued.

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